Thanks to Deckard1138 for recording and uploading this segment. Used with permission.
Thanks also to Pacifica for the transcript of the interview.
Mark Nestmann's story of a Mexican
Monty Pelerin kindly sent me a link toMark Nestmann’s article, Growing Numbers of Tax Refugees Exit USA – Permanently. Nestmann tells the story of man from Northern Mexico, whose mother gave birth to him in a border hospital on the United States side of the border. In his retirement, he bought a condo in San Diego to have a cooler place in the summer (I am going to quote a little too much for fair usage and yet I hope that Mr. Nestmann won’t mind–this story is too important for Isaac Brock): Continue reading
Institute for Justice is suing the IRS
Comments on my post about Remaining a Dual Citizen have led me to think I should post about the Institute for Justice.
They are a group of lawyers who spend their time fighting against laws that unnecessarily restrict individual private economic activity and defending people caught up in these laws. They have recently launched a lawsuit against the IRS for a new policy that forces tax preparers to be licensed before they are given IRS permission to help people fill out their tax returns. (JustMe commented on this and linked to another story on a previous IBS post)
This has affected thousands of independent tax preparers who help many more thousands of taxpayers file correctly and remain compliant with US tax law.
As the IJ says,
“Congress never gave the IRS the authority to license tax preparers, and the IRS cannot give itself that power. That is why the Institute for Justice has joined with three independent tax preparers to bring a lawsuit in federal court challenging the IRS’s statutory authority to impose these regulations on them and other entrepreneurial tax preparers across the nation.”
We have often talked here on the Isaac Brock Society about filing legal action against the IRS to challenge its treatment of expats, citing the violation of numerous Constitutional amendments and clauses in IRS regulations, actions and penalties. The IJ takes on more than economic freedom cases. They have “ four core mission areas: economic liberty, property rights, political and commercial speech, and school choice” but they also work on other legislation cases. And they are a 501(c)(3) organization, so it is non-profit. I’d think that unconstitutional taxation would be a property rights issue. Perhaps this is a resource that would be worth pursuing.
IRS FAQs on "Canadian and U.S. Tax Issues"
It looks like the IRS set up a FAQ category for Canadian and U.S. Tax Issues back in February 2012!
"Professional" Misinformation
Check out Wayne Bewick on 18 April 2012 as he trolls for business and purveys misinformation via a Globe and Mail video.
Video: Tax tips for Americans living in Canada
Bewick says that FBAR reporting to the United States is all about the compliance —
if you have an aggregate of more than $10,000 in
accounts outside of Canada.
Radio Interview with Pete the Planner
UPDATE: Click here for the audio of this interview.
Hi everyone, I’ve done the 10 minute spot with Pete the Planner, and I think it went pretty well; I was able to touch on many of the important issues that affect all of us.
What: The Pete the Planner Show on 93 WIBC
When: Friday nights from 7-9pm and then podcast online anytime
Once the podcast is available, we will make a link.
IRS OVDI: Holding the IRS to Proper Payment Application
To those reading here who are in the OVDI, I draw your attention to this Jack Townsend guest post by Asher Rubinstein, Esq.
It has been said that the 2011 Offshore Voluntary Disclosure Initiative (OVDI) corrected many of the hiccups of the 2009 Offshore Voluntary Disclosure Program (OVDP)…… However, as more OVDI cases now head toward resolution, it appears that the IRS is again wavering in certain policy decisions, again to the detriment of taxpayers.
Why am I not surprised by this?
Missing Comments
http://rendezvous.blogs.nytimes.com/2012/04/16/americans-the-tax-man-cometh-wherever-you-are/
I was just at the above link, where Steven Mopsick’s comment was, and I could not find any of the comments that had been left. Thinking that maybe there was an error with the page loading I refreshed my screen several times but they never appeared. Does anyone know what could be the reason? Does anyone possibly know whether the comments were still up yesterday? Is there a policy on the length of time that comments are displayed?
“Peaceful resistance” to FATCA will result in an alternative financial system
Cross posted from RenounceUScitizenship
https://twitter.com/#!/renounceus/status/193337841584046080
Ever since the FATCA discussion started, I have always wondered:
Why would the rest of the world comply with FATCA? I read about compliance costs. I read about trying to cut deals with the IRS. What I don’t understand is why countries don’t take a much longer term view of this. Remember:
People always overestimate what they can do in one year and underestimate what they can do in ten years.
Continue reading
Taxpayer Advocate – @YourvoiceATIRS retweeted the following!
A couple of days ago, I posted that former IRS lawyer Steven Mospick has publicly acknowledged the insanity of citizenship-based taxation – a fantastic step in the right direction.
Today, I want to call your attention to the fact that the Taxpayer Advocate Twitter account – @YourVoiceATIRS retweeted the following:
https://twitter.com/#!/YourVoiceAtIRS/status/193325200010510337
The link in the tweet is to the Atossa article. Click on the link – you will be astounded at how viral her article has become. In fact, her article has even caused us to ask the question: Who is the real Peter Dunn.
Again, this is fantastic news and will continue to raise the profile of this issue. Thank you Nina Olson!